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PwC Singapore appoints Marcus Lam as new executive chairman 

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Marcus Lam appointed as new executive chairman following current chairman’s retirement

Tricia Ang | 3 May 2021

Photo from The Edge Singapore

PwC Singapore will appoint Marcus Lam as its new executive chairman on July 1, following the retirement of its current chairman, Yeoh Oon Jin, on June 30.

Yeoh has served as the executive chairman for more than 8 years, and has had a 38 year career at PwC Singapore.

PwC Singapore states Yeoh’s contributions include enhancing the firm’s consulting capabilities, championing its digital transformation journey, and leading the organization through Covid-19 challenges, according to a news release dated April 30.

Yeoh says he is pleased with Lam’s election to take over the leadership of the company. “I am confident that his leadership and vision will help safely navigate the firm through the short term uncertainties arising from the pandemic to a brighter future and bring our best ideas and innovative solutions to our clients and the market,” he says.

Since July 1, 2017, Lam has served as assurance leader for PwC Singapore and has been a member of the firm’s leadership team since January 2016. He has over 20 years of professional experience offering audit and advisory services, according to PwC Singapore.

Lam is also a board member of the Accounting Standard Council Singapore and a council member of the Institute of Singapore Chartered Accountants.

Lam says that he has “big shoes to fill” succeeding Yeoh. “On behalf of my fellow partners and the firm, I would like to extend heartfelt thanks to Oon Jin for his commitment and leadership of PwC Singapore. On a more personal note, he has shown and guided me on the right path to leadership. Throughout his career, and especially during his chairmanship, Oon Jin has been a shining example of walking the talk as a principled leader and a true embodiment of PwC’s Values,” he says.